ENCORE RENAISSANCE RESOURCES CORP. (TSX VENTURE:EZ)(FRANKFURT:OUH1)(PINK SHEETS:ERRCF) reported that the company has entered into private placements for the sale of up to 25,000,000 units at $0.20 per unit for a total of $5,000,000.
Channel Resources Ltd. (TSX VENTURE:CHU) reported that the Company has conducted a partial close of the offering through the issuance of 3,162,500 units at a price of CDN$0.08 per Unit for gross proceeds of $253,000.
Lithium Americas Corp. reports that it has closed the previously announced $10.5 million financing.
Companies are shoring up on lithium and even nations are edging out competitors. After all, who doesn’t want to be king?
Habanero Resources Inc. (TSX VENTURE:HAO)(PINK SHEETS:HBNRF)(FRANKFURT:HRJ)reported that the company has received regulatory approval for an option agreement to acquire 100% of the Haldane Silver Prospect located in Yukon, Canada.
Weststar Resources Corp. (TSX-V: WER) today reported the results of its reconnaissance soil sampling program conducted on both its Golden Fox and McKinnon properties in the Yukon.
Western Lithium Corporation (TSX VENTURE:WLC) reported that the company has granted incentive stock options for the purchase of up to 200,000 common shares of the Company, at a price of $1.43 per share, for a five year period to Silvio Bertolli, newly appointed Sr. Vice President, Project Development of the Company.
Canadian Orebodies Inc. (TSX VENTURE:CO) today announced that the company has completed the purchase of 100% legal and beneficial interest (subject to a 2% NSR retained by the vendor, 50% of which can be purchased by Orebodies for $1,000,000) in 5 separate Lithium/Rare Metals properties with an arm’s length third-party vendor.
Medallion Resources Ltd (TSX VENTURE:MDL) reported that the company has arranged a non-brokered private placement of up to 1.75 million units at $0.175 per Unit for gross proceeds of up to $306,250. However, this is,subject to TSX Venture Exchange approval.
Red Hill Energy (TSX VENTURE:RH) reported that it has acquired the Thor Rare Earth Property, Nevada.
Thursday, December 31, 2009